I’ve often wondered why people put countries under the umbrella of socialist because they have more social programs than we do.
Please name a country where the government owns the means of production. That is socialism, and that is already warned against by the Church.
But, the Church (once again in Her wisdom) does not snub Universal heath care, affordable education at a University level, or social assist with poverty by way of monetary means or programs. Why? Because She wrote the book on the wrongs of Socialism and Unbridled Capitalism but no one will address it. Ever!~and I wonder if persons have read it too.
The Church speaks out about the grave concern regarding the great divide between wealth and poverty.
It finds capitalism an acceptable economical system of trade, but it must be within a judicial system of checks and balances, not left completely to itself without regulation or we have the rape of societies with medications so costly (one example) that the elderly are forced to forego them vs purchase them…Capitalism, if you follow the teachings of the Church does not endorse unbridled capitalism, for excellent reason. When left to it’s own demise it excludes those that could benefit from it due to greed, and our regulations prove it. In the United States we regulate “reactively” not “proactively”…In other words we have had to regulate the market not because someone might become greedy, but because someone did.
The Church has been right, over and over again. Her Wisdom and the encyclicals are great pearls of wisdom as the Church lived through these ages and was the spokesperson for the times, yet remain relevant today.